Kaltag at a glance
- Population: roughly 157 people; 115th of 149 places in Alaska (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 164 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down roughly 4.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Alaska places: 115th of the state's 149 Census places (US Census Bureau).
- Size percentile: about 23% of Alaska's Census places are smaller (US Census Bureau).
- Coordinates: latitude 64.3141, longitude -158.7788 (US Census Bureau Gazetteer).
- Nearest larger cities: Nulato, AK (30 mi); Galena, AK (64 mi); Unalakleet, AK (67 mi); Shaktoolik, AK (72 mi); Koyuk, AK (82 mi); each population is a US Census Bureau estimate.
- Smaller places nearby: Koyukuk, AK (52 mi); Ruby, AK (101 mi); Shageluk, AK (116 mi), per US Census Bureau estimates.
What a personal loan costs in Kaltag
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Alaska lending rules that apply in Kaltag
The table lists the Alaska rules that apply to a loan made in Kaltag, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 10.5% per annum default; by contract, the greater of 10% or 5 percentage points above the 12th Federal Reserve District advance rate (loans over $25,000 exempt) Source says: "The rate of interest in the state is 10.5 percent a year and no more on money after it is due"; "more than the greater of 10 percent or five percentage points above the annual rate charged member banks for advances by the 12th Federal Reserve District". | Alaska Legislature — Alaska Statutes § 45.45.010 as of 2026-09-16 |
| Payday lending status | Permitted — licensed deferred deposit advances; max $500 outstanding per borrower; origination fee ≤$5; fee ≤$15 per $100 or 15%; minimum 14-day term Source says: "may not make advances to an advance recipient that exceed $500 outstanding in advances to the recipient at one time"; "a fee that does not exceed $15 for each $100 of an advance, or 15 percent of the total amount of the advance". | Alaska Legislature — Alaska Statutes §§ 06.50.410, 06.50.460 as of 2026-09-16 |
| Small-loan / installment lender licensing | License required from the department to make loans of $25,000 or less at above-legal rates; $25,000 liquid assets and $25,000 bond required Source says: "without first obtaining a license from the department"; "liquid assets of at least $25,000". | Alaska Legislature — Alaska Statutes §§ 06.20.010, 06.20.040 as of 2026-09-16 |
| State lending regulator | Alaska Department of Commerce, Community, and Economic Development (Division of Banking and Securities) Source says: "department means the Department of Commerce, Community, and Economic Development". The Division of Banking and Securities (commerce.alaska.gov/web/dbs) administers the department's lending license programs. | Alaska Legislature — Alaska Statutes § 06.50.900(5) as of 2026-09-16 |
How to compare offers in Kaltag
The order below is a sensible way to approach a loan in Kaltag:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Alaska using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.